https://www.taxtmi.com/caselaws?id=158989 The court upheld the constitutionality of the amendments and the retrospective application of the tax provisions. The petitioners were held liable to pay purchase tax on paddy used for exporting rice, but the demand for interest was quashed due to the bona fide dispute over tax liability. The notice issued u/s 40 was deemed valid. en-us Tue, 01 Aug 1995 00:00:00 +0530 Tue, 12 Nov 2013 15:41:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158989 The court upheld the constitutionality of the amendments and the retrospective application of the tax provisions. The petitioners were held liable to pay purchase tax on paddy used for exporting rice, but the demand for interest was quashed due to the bona fide dispute over tax liability. The notice issued u/s 40 was deemed valid. Case-Laws VAT and Sales Tax Tue, 01 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158989